Deal first of its kind for Netflix

This is the first time Netflix has acquired another company. It has licensed content in the past from companies like Disney, but the recent move of acquiring a whole new company signals that Netflix is looking toward the future.

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Content has become increasingly more expensive for Netflix to license. Most of the steaming services most popular shows like Daredevil, Jessica Jones and Orange is the New Black aren't even owned by Netflix. Purchasing Millarworld is reminiscent of when Disney purchased Marvel or Lucsafilm, but of course those deals were on a much larger scale.

Financial analysts have wondered whether the breaking point for Netflix is near and if the company can keep spending so much. As long as subscribers grow they might be able to do just that.

Millar very happy with the deal

“This is only the third time in history a major comic book company has been purchased at this level,” said Millar. “I’m so in love with what Netflix is doing and excited by their plans. Netflix is the future and Millarworld couldn’t have a better home,” wrote Millar on his website.

There is no news on how much Millarworld was acquired for, but it likely included a large chunk of cash as well as some Netflix stock if passed deals like this are any indication. The deal reportedly does not include all of the properties created by Millar. Kingsman: the Secret Service and Kick-Ass are apparently not part of this deal, so, unfortunately, we won't be seeing Kick-Ass 3 being made for Netflix. #Superhero

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